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Mahindra Susten

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    Showing Result for Keyword #Ontario

      Board of Director

      Mr. Bruce Crane

      Bruce Ross Crane is a non-executive director of Mahindra Susten Private Limited. He is also a Senior Managing Director, Infrastructure & Natural Resources, Asia Pacific at Ontario Teachers’ Pension Plan (“Ontario Teachers”). Bruce Crane leads Ontario Teachers’ infrastructure investing activities across the Asia-Pacific region. Bruce joined Ontario Teachers’ in 2020 as one of the initial members of its new Singapore office, its second in Asia after the Hong Kong office. Prior to joining Ontario Teachers’, Bruce spent nearly 10 years at Ontario Municipal Employees’ Retirement System (“OMERS”) Infrastructure where he most recently led their investing efforts in Asia. Previously, he

      Board of Director

      Mr. Debapratim Hajara

      Debapratim Hajara is a non-executive director of Mahindra Susten Private Limited. He is also Managing Director, Infrastructure & Natural Resources at Ontario Teachers’ Pension Plan (“Ontario Teachers’”) and a Director of NIIF Limited. He joined the Asia Pacific Infrastructure and Natural Resources team of Ontario Teachers' in 2021. Prior to joining Ontario Teachers’ Debapratim had 12 years of experience in infrastructure investing in India. Most recently he spent 5 years with Macquarie Infrastructure and Real Assets in Mumbai, where he was responsible for both acquisitions and asset management with a focus on the transport sector. Debapratim holds a Masters degree

      News & Media

      Mahindra Susten-Ontario Teachers’ Deal Opens up a Wealth of Opportunities

      Ontario Teacher's Pension Plan, a global investor, is set to acquire a 30% equity stake in Mahindra Susten, a cleantech arm of the Mahindra Group. This strategic move involves an equity value of ₹23.71 billion (-$300 million) and adheres to the regulations of the Securities and Exchange Board of India by establishing an Infrastructure Investment Trust (InvIT).Initially, the proposed InvIT will encompass renewable power assets with an operational capacity of approximately 1.54 GW, seeded by Mahindra Susten. Additionally, Mahindra Group's shareholder loans totalling ₹5.75 billion (-$73 million) advanced to Mahindra Susten will be duly repaid.A substantial influx of funds will

      News & Media

      A Milestone for Mahindra Susten: Winning the RUVNL Project

      Mahindra Susten emerges victorious with 200 MW in Rajasthan Urja Vikas Nigam Ltd’s (RUVNL) latest 1 GW solar auction. The resounding victory underscores Mahindra Susten's dedication to pioneering sustainable energy solutions and its relentless pursuit of excellence in the renewable energy sector.The esteemed project was awarded to Mahindra Susten after navigating a competitive bidding process, followed by an impactful e-reverse auction phase.  The endeavour will be formalized through a 25-year power purchase agreement between RUVNL and Mahindra Susten, reinforcing the long-term viability of the project.Earmarked for completion within 18 months, the project's timeline exemplifies Mahindra Susten's swift execution capabilities. With

      Board of Director

      Mr. Puneet Renjhen

      Puneet Renjhen is a non-executive director of Mahindra Susten Private Limited. He is also a member of the Group Executive Board of the Mahindra Group. In his role, Puneet serves as a Director for New Delhi Centre For Sight Limited, Swaraj Engines Limited & Brainbees Solutions Pvt. Ltd. Previously, Puneet spent around 19 years in investment banking, primarily in organisations such as Kotak Mahindra, Lazard, Avendus Capital, Citibank and Standard Chartered, and worked in their London, Singapore and Mumbai offices. During his Investment Banking career, Puneet advised both global and Indian corporations on financing, advisory and capital market transactions of greater

      Sustain Leadership

      Ankit Jain

      Ankit Jain is the Head of Operations, Sustainability & CSR, and Marketing & Branding at Mahindra Susten. With over 17 years of invaluable experience in Real Estate, Infrastructure, and Renewable Energy, he has been one of the key driving forces behind the strategic and operational decisions that have shaped Mahindra Susten's success and propelled it to new heights in the renewable energy industry.Since inception of Mahindra Susten, Ankit has been associated with Susten and during this journey his expertise spans a diverse range of domains, from Business Development & Strategy to Procurement and Projects. His remarkable ability to handle the P

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